The HS Code 51012115 refers to a specific type of wool that is unimproved, meaning it has not undergone any further processing. This type of wool is not finer than 40s, which indicates its thickness or fineness. It is also degreased, meaning that any natural oils or grease have been removed.
This particular wool is shorn, which means it has been obtained by shearing the wool from sheep or other animals. It is important to note that this wool has not been carded or combed, which are processes used to align the fibers and remove any impurities.
The HS Code 51012115 is applicable when importing or exporting this specific type of wool. It is used to classify and identify the product for customs and trade purposes. The HS code is an internationally recognized system for classifying goods, and it helps ensure consistency and uniformity in trade transactions.
When importing or exporting this wool, it is important to consider the duty rates associated with the HS code. The bound or MFN (Most Favored Nation) duty rate for this product is free. This means that countries are not required to impose any tariffs or duties on this wool when trading with other countries.
However, there are special tariff preference programs available for this product. Countries such as Bahrain, Canada, Chile, Israel, Jordan, Mexico, Peru, Singapore, and others offer preferential treatment in the form of lower or zero duty rates for this wool. For example, Australia offers a special rate of 7.4? per clean kilogram, while Morocco offers a rate of 9.3? per clean kilogram, and Oman offers a rate of 11.2? per clean kilogram.
The quantity unit for this product is clean yield kilograms (CYK). This indicates the weight of the wool after it has been cleaned and processed, excluding any impurities or debris. It is a standardized unit of measurement used for trade and commerce.
In terms of import and export, the HS Code 51012115 is applicable to all US states for both importing and exporting. This means that the code can be used for trade transactions involving this wool between any US state and any other country.
the HS Code 51012115 represents unimproved wool that is not finer than 40s, degreased, not further processed, shorn, and not carded or combed. It is essential to understand the HS code when importing or exporting this wool to ensure proper classification and adherence to customs regulations. The code also helps determine the duty rates and any special tariff preference programs that may be applicable for this product.